The leftists just change the meaning of words as it sees fit to serve their needs. Well all I can say is the price of all food has risen dramatically, utility services have risen in price, and that the EPA’s regulatory activities (fines and fees) has caused the price of everything made of rubber to rise so I don’t need to hear from the government that the unemployment rate is 5.1 percent and that our economy is fine and dandy when half of everyone I know is out of work. The government lies...continuously under this transparent administration...
Personally I’m skeptical of anything BI prints. Verify!
Only if you don't count food prices having doubled in the past 9 years.
Cost-of-Living Adjustment (COLA) Information for 2016
With consumer prices down over the past year, monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 65 million Americans will not automatically increase in 2016.
Frequently Asked Questions
What is a cost-of-living adjustment (COLA)?The purpose of the COLA is to ensure that the purchasing power of Social Security and Supplemental Security Income (SSI) benefits is not eroded by inflation. It is based on the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter of the last year a COLA was determined to the third quarter of the current year. If there is no increase, there can be no COLA.
That may not be what they really want to say but at any rate there doesn't seem to be any talk about a decrease for deflation.